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  • SECTION 177
    Eligible investments
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  • ARTICLE 4-A
    Investments of Public Pension Funds
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  • SECTION 177-C
    Investment in mortgage pass-through certificates
    • Viewing most recent revision (from 2014-09-22)

    SECTION 177-A

    Investment in certain conventional mortgages

    Retirement & Social Security (RSS) CHAPTER 51-A, ARTICLE 4-A

    § 177-a. Investment in certain conventional mortgages.
    Notwithstanding any provision contained in this chapter or any other
    general, special or local law or code to the contrary, within the
    limitations authorized for investment in conventional mortgages, the
    trustees of the fund may invest a part of its assets in first mortgages
    on real property located anywhere within the boundaries of the United
    States.